Define a "non-standard" flow to be a flow where the quantity flowing through an edge may be negative.
Formally, given a directed graph $G$, and two designated and distinct vertices $s$ and $t$ (such that no edges are leaving $t$, and no edges are entering $s$), a non-standard flow $f : G_E \to \mathbb{R}$ is a valuation on the edges such that
For each $v \in G_V\setminus \{s, t\}$, the sum of the values of $f$ on the edges entering $v$ is equal to the sum of the values of $f$ on the edges leaving $v$.
Assuming all the capacities are positive, does the Max-Flow Min-Cut theorem still hold for non-standard flows?
Furthermore, is there a network with positive edge capacities, such that the maximum non-standard flow through the network is larger than the maximum (standard) flow through the network?
The standard proof for Max-Flow Min-Cut theorem uses the non-negativity of the flow to claim that each flow is smaller than each cut. I would guess that this tells us that the counterexample (if any) would have a cut that has negative flow into its incoming edges.